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Problem 1: A company has been using an overhead absorption rate based on direct labour cost. During the year, the company incurred N$400 000 and N$150 000, in actual conversion and direct labour costs, respectively. The budgeted manufacturing overhead rate used during the past year was 200% of direct labour cost. The under/over absorbed factory overhead cost for the period was?
What is the total labor yield variance? What is the total material yield variance? During the current month Sunshine Company manufactured 500 55-gallon drums.
What is the margin of safety in units? If the unit selling price is $80, the unit variable cost is $60, and budgeted revenue is $1,040,000.
I don't understand the how to calculate the total annual cost of holding and ordering of inventory using EOQ.
Prepare the journal entries for the preceding events. Incurred direct labor payroll for the month of $17,850, with an average wage of$8.50 per hour.
Prepare a trail balance on the trial balance tab. Be sure the trial balance is in balance, that the total debits equal the total credits. Do not proceed to the next step until the trial balance balances.
If variable costs per unit will go up by P5, the peso breakeven sales will increase (decrease) to? how much the break -even point in units will increase
Provide Ending balance in direct materials inventory. Completed work on 70% of the goods in process. Costs are assigned equally across all work in process
Calculate the depreciation expense for each of the fiveyears, assuming the use of double-declining-balancedepreciation
Two million options were forfeited when an executive resigned in 2012. All other options were exercised on 12th July, 2015, when the stock's price jumped unexpectedly to $19 per share.
Prepare the Property, Plant and Equipment section of the balance sheet as it would be seen in a classified balancesheet.
Compute the amount of cash, in total, which the company can expect to collect in May and compute the budgeted dollar amount of inventory which the company should have on hand at the end of April.
Costs of batter and operating the baking machine are allocated on the basis of units of output then what cost would be assigned to each product?
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